Procedure for Adding a Bank Account and Registering a New Mandate for Auto Pay for Paytm Payments Bank Customers with 5paisa
You can register maximum of 5 banks for Pay-in Process is as below:
To Add Bank: Through Web
Login to 5paisa website >> Right side Click on the profile icon >> Click Profile >> My Profile >> Bank Details >> Add Bank >> Enter Account no. and IFSC >> Click on Proceed
Note-
- If IMPS verification is failed, then bank proof is required
- Details to be mentioned clearly like A/c holder name, Bank account No., IFSC, Bank name, Branch name, MICR Code.
- It will take 72 working hours to update subject to approval*
How to Setup New Mandate Registration for Autopay?
Follow the steps to set up Auto Pay:
Login to the website >> Mutual fund >> Orderbook >> SIP >> Click on the Setup AutoPay button >> Select Net Banking.
From a single bank account, you must give only 1 mandate. The same mandate can be used for all SIPs.
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